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Cashin In

News/Business. A practical look at money management. (CC)

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00:30:00

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Benghazi 6, Us 6, Christopher Dorner 3, Gallagher 2, Swanson 2, Duracell 2, Navy 2, Chantix 2, Dempsey 2, Libya 2, Duralock 1, Mary Ellen 1, Stephens 1, Sharble 1, Joshua 1, Brock 1, The Economy 1, Rambo 1, Droid Razr Maxx Hd 1, Eric Rudolph 1,
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  FOX News    Cashin In    News/Business. A practical  
   look at money management. (CC)  

    February 9, 2013
    1:30 - 2:00pm PST  

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>>. >> heather: millions of people across the northeast are digging out from a storm that closed airports and knocked out power to hundreds of thousands and some areas, snow was so high people couldn't open their front doors. this is the scene in new york city as times square gets back to business. it looks more like a winter wonderland in nearby central park. anna filed this report. >> things are slowly starting to get back to normal. more trains are running and first flights landed a j.f.k. we do have two weather-related deaths to tell you about. one in connecticut the other in upstated new york. the national weather service saying 30 million people in the northeast dealing with a foot of snow or more and 11 million
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people dealing with two feet or no more. in new york. hardest hit was long island with 30 inches of snow stranding cars on the expressway and other motorists, as well. plows and crews couldn't do their job. emergency workers having go car to car. travel bans are still in effect in connecticut where dan malloy is urging folks to stay off the roads. >> biggest problem, we are trying to dig them out and tow them away. we certainly don't want to see other people get caught in snow drifts at this time. please stay home. >> residents are enjoying a winter wonderland after topping off their gas tank and picking up food and firewood yesterday. >> we were going to drive out to the countryside and we stayed
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here. it's great to be inside. >> we will get later with the sleds and remember what it was going to be like when we were six again. >> it did catch some folks off guard. but super storm sandy taught them a lesson and to make proper preparations. >> heather: thank you. >> gregg: new developments in the search for christopher dorner, authorities say the former police officer wanted for a deadly rampage, maybe may be hiding out with dozens of weapons and long manifesto. he bragged about his firearm skills and big question now, is what could lead anybody to do something like this? trace gallagher laid outhis profile of dorner. >> you have got every western region station on high alert.
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his picture is on the internet and newspapers and how is it that he has evaded one of biggest man hunts? who are we dealing with. we are talking about christopher dorner that wanted to be a cop from a young age. he became a very good athlete and went on to be a college running back n the navy he was a rifle marksman. he was a pistol expert which is the highest level. he learned river and under sea warfare. he was aviation and training expert and knows the police tactics and techniques. if you would, listen to one of the men who was actually named in that manifesto talking about his friend. >> he seemed very rational and articulate and intelligent. nothing about his behavior suggested that he was violent in any fashion or he was unreasonable or would take such
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drastic steps. >> trace: consider the time line he was discharged from the navy after being passed over for promotion. the bodies were found riddled with bullets in a parking garage his father led to the hearing that led to him being fired. still there were no suspects until the manifesto was posted on facebook and they noticed that the father was noted in a quote, i never had the opportunity to have a family of my own. i am now terminating yours. look at aware wives and husbands directly in the face and tell them the truth as to why your children are dead. an all-points bulletin was issued. wednesday night he tried to steal a boat in san diego. the boat wouldn't start. three hours later he pulled over by lapd officers, he got out and opened fire with a rifle grazing one of the officers, but then he
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got away. another alert was put out. 15 minutes later, he ambushed two other police officers, one of them was killed. a third alert was put out and yesterday afternoon, they finally found the car in big bear. they flooded the entire region with police officers, scent dogs and helicopters yet christopher dorner remains at large. police or alert and they are baffled by this case. >> gregg: trace gallagher reporting in los angeles. >> heather: there the background and with no sign of dorner, what are the next steps for police? let's bre wnri mary a former f.b.i. profiler. thank you so much for joining us. >> you're welcome. >> heather: here is the question. i ask you using your experience, is dorner still in those mountains? >> that is certainly the premise that they are going on right now. he is still in those mountains. he is very well-trained.
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we know how deadly he is. that has been shown by the homicides he has committed, but he still not a superman. he is not a rambo. he still has to contend with the weather. he still has to contend with the terrain just like the police do. those are issues that really face him just as much they do the police. is it possible for him to have escaped? yes, but they are going to look for him up there until they have completely exhausted all possibilities of where he may be. >> heather: that is what i want to get in with the next question. we know that his mother has undeveloped property in that area. why would he drive his truck there and then burn it? did he plan for authorities to find that so therefore is it a trap or maybe a decoy and he has
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fled somewhere else entirely? >> that is an extremely interesting question. it's very difficult for me to say it's entrapment or this is something he did that was planned or not planned. certainly i think the folks up there will look at all of the issues surrounding where that truck is and what was in that truck. if he set it on fire, he was doing it to destroy evidence. yet he hid it in a very remote location. that just doesn't make sense. they are looking at that to discern whether or not he had planned it. he is making mistakes and that is what law enforcement is going on. again, the idea he is extremely well-trained and, yes leeq is very experienced, but he is and he has made mistakes. he is human and that is what will end up getting him caught or apprehended. >> heather: a lot has been said
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about his manifesto. you have worked and help solve several high profile cases yourself including the uni bomber. he had a manifesto it was 35,000 words long. why do these mass murderers put their thoughts out there in writing with these and how can the manifesto help track them down? >> the manifesto gives a look into what thinking is. it gives what is important to that individual. in this case, there is a lot of threatening, intimidating behavior. there is a lot of bragging about his abilities and his training and his expertise. that tells us this is someone at least that tells me he intimidating and threatening before. he uses his background almost as a weapon to intimidate people.
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putting something out on the internet where its public, that tells me that he wants attention. he wants the focus of this law enforcement over the him. he wants notoriety. that is the reason for doing it. >> heather: finally, i was working in western north carolina during the search for the picked bomber eric rudolph. he spent five years in those mountains and he survived by gathering acorns. i went out there with the f.b.i. trying to find him. they could not. dorner is a well-trained former navy reserve it. he knows how to survive. the small arm that is hunting him, they have advantage of strength in numbers, access to resources. but dorner has the element of surprise. do you think he is possibly gone under ground? >> he could have gone under
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ground here is the distinction. it's very difficult to live on the run. it's very difficult to live as survivalist. you can take training in the military or with law enforcement but to live like that for years and years, like the unibomber it's very rare and is the exception. that is really important. you can take training but to really carry it out and do it, very difficult, very much the exception. >> heather: ellen, we hope they find him. mary ellen, we appreciate it. >> gregg: economists offering predictions for the years ahead. what they are forecasting for our economy coming up next. hi. hi. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels...
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terribly pretty. looking into crystal ball they see growth very sluggish, unemployment rate hovering at 8%. this is brand-new fox news poll shows americans are very pessimistic about the economy. take a look at this. 52% believe the worst is yet to come, really? compared too 40% who think the worst is over. all right, let's talk doom and gloom with ed. he is our doom and gloom partner. so, are they right. is it going awful? >> it depends. what people have to understand, we have number numbness and most important number that is going to help manufacturing rates is that g.d.p. number. that gross domestic product number. so focus on that number and we need that number to be about 5%. coming out of this recession, it
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should be somewhere 5-6%. we had a peak, we had a number about 4% in july 2010, since then it has gone down. as you stated in in a couple segments we're at a contraction. >> gregg: we just learned that g.d.p. it's negative. poverty is rising. income is falling. unemployment went up, not down. cbo says, it's going to stay there, 78% and it calls the deficit unsustainable and yet this week, you heard the president say, hey, the economy is recovering. does the evidence belie all of that. >> there is no evidence. the president is nice man but when it comes to economics he doesn't know what he is doing. now he is going give on the state of the union and talk about how important it is for congress to pass what she presenting. guess what?
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congress, don't pass it if it doesn't stimulate the economy. right now we are in rigamortis and until we stimulate the economy, it will continue along the line. these are permanent scars that we won't be able to get rid of for a long time. >> gregg: the president repeatedly promised this. take a listen. >> if you are one of the more 250 million americans who already have health insurance, you will keep your health insurance. this law will make it more secure and more affordable. >> gregg: tell that to 7 million americans who are now not being able to keep their insurance. look, come on, ed, was that promise that never made any sense. it was laughable? >> there is a lot of those promises. president has a history of saying certain things, later on we find they are not true.
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we glaze right over those. my healthcare for my business, we got the bill the other day, 23% increase for this year and the guy said to us, look next year i think it's going to be 30% more. they did say our costs weren't going to go up, right. >> gregg: yeah, they did say that. come back and we'll talk about it more. >> heather: and still to come a gua nau government report shedding light on the deadly terrorist attack in benghazi that left four americans dead including the u.s. ambassador. and a look at diplomatic security around the world -- did we learn any lessons? the answers are up next. jenna shared her recipe with sharon, who emailed it to emily, who sent it to cindy, who wondered why her soup wasn't quite the same. the recipe's not the recipe... ohhh. [ female announcer ] ...without swanson. the broth cooks trust most when making soup. mmmm! [ female announcer ] the secret is swanson.
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>>. >> heather: new fallout from the deadly terrorist attack in benghazi. the state department's inspector general finding several posts violated security standards. according to the chairman of the joint chiefs of staff, benghazi wasn't the only problem popping up on the radar. >> this deteriorating situation in libya wasn't unique. some will suggest it was the worst thing going on, it was among the worst things going on. so, in context the were equaled
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elsewhere with equally and threatening intelligence. >> heather: steve yates is a deputy assistant former for national security affairs. he served through the bush-cheney administration. thank you for joining us. what needs to keep from what happened in benghazi from happening again and how serious is the security problem overseas? >> if we take the inspector general at his word, the security weakness is significant. it's clear with other data points our chief executives was not doing what they needed to do to keep our diplomats safe. there is going to be an improvement in management. strategically we have to take more serious of the threat in the broader region. i think secretary clinton and
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panetta seemed to be overruled by the white house. >> heather: it boggles the mind, the threat streams in libya, they were equaled elsewhere with equally significant and threatening intelligence, general dempsey's words. if we know that, then why this report from the deputy general that looked at 27 overseas diplomatic posts found numerous security standards violations for overseas buildings. on top of that the state department not keeping track of all the rules violated. why is that happening? >> they inspector general tells us the what and not the why. the sense i get there really is a ideological or political overtone we are unwinding wars to allocate resources to other purposes. it's not taking seriously what any reasonable person's mind would suggest. a broadening they the threat.
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the scope of al-qaeda and affiliated reach is expanding. there has been a lack of willingness among top leadership especially in the white house to take that head on. >> heather: you mentioned we have heard from clinton, panetta petraeus, dempsey, brennan -- did you hear anything from any of them that provided real answers to you in terms of benghazi and any changes that had been made since then that can keep our diplomats safer? >> frankly, i think that is the scandal so far. the lack of response to the attack in benghazi, whatever the origins and whatever the questions are about the immediate response. the failure to really respond to hold anyone accountable and to make any changes frankly invites more attacks. we can harden some targets but not every target and weak response, i think, increases the danger. >> heather: what concerns you most about what you have heard from the testimony so far? >> i think that what concerned
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me most is really we're learning it sounds like political decisions in the white house or at least officials in the white house overruled a large number of national security council officials representing agencies. the fact that the secretary of defense, the secretary of state and director of the c.i.a. are recommending a different approach in the aftermath of arab spring overruled by the white house it's very important development. >> heather: steven yates, we appreciate it as always. >> gregg: that is going to do it for us. it is still snowing outside but people seem to be recovering. >> heather: play in the snow. maybe we can have a snowball fight. >> gregg: you don't want to go up against me with snow. >> i don't know. >> gregg: that is going to do it for us. have a great weekend. >> heather: stay inside and stay warm. we'll see you back tomorrow at 4:00 p.m.
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